Davy_Dave_Charts

Davy_Dave_Charts

Inverse H&S on weekly chart. As we near the 5% mark on interest rates and the market looks ahead of '23, I'm ready to start feeling bullish again but not quite there just yet.

Davy_Dave_Charts

Rejection between here and $40 would be resistance on the 9/21 daily EMA cloud and would translate as a strong potential to go below 37.

Davy_Dave_Charts

Without news or filings, I can see a drop to support levels in the .0090's- low .01's, where we will be oversold. Has to hold that support level.

Davy_Dave_Charts

On August 18th, I moved all my funds, in the Thrift Savings Plan, from the C (SPX) and S (DWCPF) funds into the G-fund. Considering that its been 3 weeks since this move and a clear structure has emerged, I've planned a return into the S-Fund through a series of inter-fund transfers, as more bullish indicators are confirmed. If all bullish indicators (3 sets)...

Davy_Dave_Charts

keeping an eye on rejection at the fib .66 level. Rejected there down to 18K-19K range and see how it reacts at that support level.

Davy_Dave_Charts

Rejection at daily 200 MA (head). Rejection at 150 MA (30 Weekly) for second shoulder. Neck line Supply zone formed May 31st through June 8th. A recent head and shoulder formation (red) looks set to usher in a down trend that coincides with the September effect. This could reverse in mid to late September, within the 3900-3950 demand zone from July 26th to...

Davy_Dave_Charts

expecting reversal soon, especially as more 8Ks are released. So much DD out there, conducted by some of the most thorough shareholders I've ever encountered, Ren and Co. delivering... I don't put money in the OTC that often but this one is one of the most promising OTC plays out there.

Davy_Dave_Charts

Waiting for retracement to previous resistance at 24.60-34.70 range and watching for reaction to that level. Good structure on this.

Davy_Dave_Charts

Looking for a loss of 7.60 support, after ranging between there and 8.

Davy_Dave_Charts

looking for break out of flag. Keeping an eye on this for Calls. Nice bounces off of the 150 DMA.

Davy_Dave_Charts

I'm ready to pull the trigger on an inter-fund transfer from the TSP C-Fund back into the G-Fund, though not quite yet. Consider the volume's inconsistency with price action.

Davy_Dave_Charts

Following the same plan that I had for the C-Fund (SPX), went to 100% G-Fund due to entry into supply zone and CPI report. Once escape from supply occurred, waited for respect of the structure and support at 150 DMA to re-enter. Moved 50% of funds that were in G to the S Fund.

Davy_Dave_Charts

Erring on the side of caution, inter-fund transfer of 100% to G fund due to CPI report. Friday, moved back to 50% C (SPX) and 50% S (DWCPF) due to support at 150 day MA and break out of supply zone on daily time frame. Watching closely the 4300 range for potential reversal and, once confirmed, inter-fund transfer back into the G fund.

Davy_Dave_Charts

After being rejected 3 times around the 13/48 and 21/34 EMA clouds, I'm going under the assumption that this is a deadcat bounce unless it bases above these clouds.

Davy_Dave_Charts

Price keeps being drawn to 78 like a magnet. Riding 9 EMA support, this looks like its ready to break out. High inflationary / High interest rate environments, great for energy. OPEC unable to meet its previous production quotas, much less the recently raised benchmark. Geopolitical conflict in Eastern Europe... Energy is the sector now.

Davy_Dave_Charts

Current PT $80.00. Consistent bounce off the 30Wk EMA. High inflation and interest rates good for energy.